Monetization of Surplus Land Assets by AI

Recently, Air India has signed an MoU with NBCC to develop its land parcels, on Joint Venture (JV) basis. At present only one property i.e. a plot of land at Laxmi House, Chennai is identified to be developed on JV basis. This information was given by Minister of State for Civil Aviation, Dr. Mahesh Sharma in a written reply in Rajya Sabha today.